Offshore banking - know more about it.

Why Consider Offshore Banking for Your Personal and Financial Privacy in this Post 9 / 11 Era. The point is, by moving assets offshore, you regain control. Offshore, there are entire jurisdictions organized to play by your rules. You design the game, and you get to be the winner. There are major concerns concerning privacy. An offshore financial involvement offers you and your family the one and only escape from this government-endorsed conspiracy. Just as you can legitimately make more money oversees than you could ever hope to earn in this country, you can also look forward to enjoying your foreign profits in an atmosphere of complete confidentiality. To ensure your own financial privacy, you must do two things. First, you must minimize the amount of information that gets created about you. Second, you need to verify and limit access to the information that already exists. That may sound like elementary advice, but remember, the experts say that we ourselves provide government and private industry with most of the data they maintain on us. In fact, one study concludes that more than 72 percent of the time, investigators obtains their information from the very people they are monitoring. So, out of respect for the fact that you will probably want to keep some portion of your assets within the United States, take a minute and consider ways that you can protect yourself from unnecessary invasion of privacy. Just to get you thinking along the right track, here are some practical suggestions. Don't do business with that kind of place! Instead, look for a bank that's willing to ensure the highest possible level of financial confidentiality. A good way to identify the right institution is to ask for a written contract that sets down the ground rules for your professional relationship. Make sure your contract includes at least these two provisions: the bank must notify you whenever anyone asks to see your records; and you reserve the right to periodically see and correct any records the bank may keep on you. A second rule of thumb is to conduct low-profile banking. Think about it. By reviewing nothing more than your monthly checking account statement, an investigating agent could learn a lot about you — where you shop, the restaurants you frequent, the names of friends and relatives, your religious and political affiliations, even the private clubs at which you have a membership. In essence, the account provides a panoramic view of your everyday lifestyle. You should aim to reduce the clarity of that view. There are about two thousand separate credit bureaus in this country, and they all carry data that could potentially be used against you. Under the Fair Credit Reporting Act, you can demand to know what is in your file. If you disagree with any of the information you find in it, you can insist that another investigation be done. If that second go-around doesn't resolve the matter, you can enter your own statement of explanation as a permanent part of the credit file. Within the United States, it's possible to work like a dog, diligently and ferociously safeguarding the limited privacy that our legal system still allows. Frankly, the incredibly rich don't need to bother. They're already protected by sophisticated investment plans — usually they include offshore involvements. The very poor don't make much effort either. They're too busy making ends meet, and Uncle Sam isn't vigorous in pursuit of information about them. They don't have enough money to make it worth his while. Finally, of course, there are the very crooked. They don't spend time protecting a legal right to privacy because illegal activity keeps them pretty well-occupied and camouflaged. That still leaves a lot of people. People like you whose level of success makes them aware of how the government systematically deprives them of personal financial privacy but who hesitate to take any drastic action. By moving a portion of your money offshore, you can give yourself an immediate escape valve. Offshore banking can help you regain control your personal and financial privacy. It is an option in the post 9 /11 era that you should take seriously for yourself and your family's financial and personal privacy. Visit www.globalbankingandfinance.com to learn more.